Archives
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ELECTRONICS July 27, 2019 InnoVen Capital invests in consumer electronics firm boAt
By: Loknath DasInnoVen Capital has invested Rs 16 crore (approximately $2.31 million at current exchange rates) in consumer electronics technology startup boAt, the venture debt firm said in a statement. InnoVen, which had earlier invested in other consumer-focused startups, said the move is in line with its strategy of capitalising on rising consumer spending in India. boAt […]
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ELECTRONICS April 14, 2017 NewSpring invests in Lynn Electronics
By: Loknath DasNewSpring Capital has invested $14.3 million in Lynn Electronics Inc. Based in Ivyland, Pennsylvania, Lynn Electronics is a provider of data and telecommunications products. PRESS RELEASE Radnor, PA – April 13, 2017 – NewSpring Capital, a family of private equity funds providing growth and expansion capital, announced today that NewSpring Mezzanine Capital (“NewSpring”), the Firm’s […]
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NEWS March 30, 2016 Softbank Ventures Korea invests in True Balance
By: sristy SahaThe investment will help True Balance expand to the 15 telecom circles in India. New Delhi: Softbank Ventures Korea, the venture capital arm of Japan’s SoftBank, has invested an undisclosed amount in True Balance, a mobile app that keeps users updated about their prepaid mobile account, the company said in a statement. It will use […]
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ALL DEALS March 16, 2016 Yuvraj Singh invests in Rahul Yadav’s start-up Intelligent Interfaces
By: sristy SahaRahul Yadav has been working on his new venture after the Housing.com’s directors fired him on account of his objectionable behaviour towards investors and the media in July. Mumbai: Indian cricketer Yuvraj Singh has made an undisclosed amount of investment in former Housing.com’s chief executive officer and co-founder Rahul Yadav’s start-up Intelligent Interfaces. “Proud to […]
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ALL DEALS March 16, 2016 Govt hikes funding for start-ups, Flipkart invests more in Myntra
By: sristy SahaPhoto: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]
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NEWS March 16, 2016 Flipkart invests another Rs338 crore in Myntra
By: sristy SahaFor the year ended 31 March 2015, Myntra’s revenue grew 77% to Rs758 crore from Rs427.26 crore the previous year. Photo: Bloomberg In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra, according to documents filed with the Registrar of Companies. Myntra Designs […]
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NEWS March 8, 2016 Ratan Tata invests in baby products retailer FirstCry
By: sristy SahaFirstCry offers 1,200 national and international brands with over 90,000 unique products. The range serves the needs of children ranging from new born to six years. New Delhi: Baby products retailer FirstCry on Thursday said it has raised an undisclosed amount in a fresh round of funding by Ratan Tata, chairman emeritus of Tata Sons […]
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ALL DEALS March 4, 2016 Wipro Ventures invests Rs9.78 crore in big data start-up Altizon Systems
By: sristy SahaPhoto: Hemant Mishra/Mint Bengaluru: Wipro Ltd’s corporate venture arm Wipro Ventures has picked up a minority stake in Pune-based big data start-up Altizon Systems Pvt. Ltd. Wipro’s Rs.9.78 crore investment in Altizon allows it to have “a minority holding, not exceeding 20% of the outstanding share capital of the company”. It expects to close its […]
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ALL DEALS March 4, 2016 Ratan Tata invests in B2B industrial goods start-up Moglix
By: sristy SahaA file photo of Ratan Tata. Photo: Pradeep Gaur/Mint New Delhi: Moglilabs Pvt. Ltd which runs business-to-business (B2B) industrial products marketplace Moglix on Monday said it has raised an undisclosed amount from Ratan Tata, chairman emeritus of Tata Sons Ltd. The company in October raised a pre-series A round of $1.5 million from venture capital […]
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ALL DEALS March 2, 2016 Russian billionaire Fridman’s LetterOne invests $200 million in Uber
By: sristy SahaUber was valued at more than $60 billion, people familiar with the matter said in December, making it the world’s most valuable startup. Photo: Reuters Moscow: Russian billionaire Mikhail Fridman’s investment vehicle LetterOne invested $200 million in Uber Technologies Inc., betting in ride-hailing technology after selling billions of dollars worth of oil assets. “We aim […]
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ALL DEALS March 2, 2016 Ratan Tata invests in retail tech start-up Snapbizz
By: sristy SahaSnapBizz had earlier raised $7.2 million in an investment round led by venture capital firms Jungle Ventures, Taurus Value Creation, Konly Venture and Blume Ventures in January. Photo: Pradeep Gaur/Mint Bengaluru: SnapBizz Cloudtech Pvt. Ltd, which devises technology for grocery stores, said it raised an undisclosed amount of funding from Ratan Tata, chairman emeritus of […]
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ALL DEALS March 2, 2016 Tiger Global invests $10 million in online videos creator The Viral Fever
By: sristy SahaA file photo of TVF co-founder Biswapati Sarkar. Photo: Aniruddha Chowdhury/Mint Mumbai: Tiger Global Management Llc has invested $10 million (Rs.65.6 crore) in popular online video content creator ‘The Viral Fever’ (TVF), picking up a significant minority stake in the firm, according to filings made by the company with the registrar of companies (RoC). The […]
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